Cement News tagged under: international
India: cement industry demand raises coal imports12 September 2016, Published under Cement NewsThe demand for coal with a high calorific value, primarily from the cement sector, combined with the doubling of clean environment cess has resulted in a shift in coal imports into India. Steam coal imports have been declining in the April-June 2016 quarter due to higher output of domestic mines, but the key shift relates to the origin of the imports. While Indonesia has accounted for the majority of coal imports, in the 1Q16-17 import growth of coal sourced from this Asian country has re... |
Pakistan: good news for coal industry12 September 2016, Published under Cement NewsThe Pakistan International Bulk Terminal, which is currently under construction at Port Qasim, is expected to commence operation by the end of the year. The terminal will have the capacity to handle 12Mta of coal imports and 4Mta of cement and clinker exports. The project cost is estimated at US$225m and is funded by a local company in partnership with the World Bank and International Finance Corporation. Meanwhile, coal importers from the private sector have sought government permission ... |
Pakistan: August cement dispatches rise09 September 2016, Published under Cement NewsPakistan's cement dispatches in August 2016 stood at 3.585Mt, 16.75 per cent higher than dispatches of 3.071Mt recorded during the same month of previous fiscal year, according to the data released by the All Pakistan Cement Manufacturers Association (APCMA). Domestic sales during August 2016 were 3.028Mt against 2.5Mt in August 2015, a growth of 20.92 per cent. Cement sales in the north were 2.495Mt against 2.034Mt in August 2015, while in the south they amounted to 0.532Mt against 0.47... |
DRC cement consumption around 40kg/capita09 September 2016, Published under Cement NewsCement consumption in the Democratic Republic of Congo is currently around 40kg per capita, according to Jean Bamanisa Saidi, president of the RDC Concrete Expo 2016, which is currently being held in the country’s capital Kinshasa. He added that new companies in Kongo Central will increase cement production in 2017, enabling the supply of cement equivalent to 100kg per capita as production is expected to be stepped up from 0.4Mt to 2.5Mt. |
Argentina reports upturn in cement demand in August08 September 2016, Published under Cement NewsCement dispatches in Argentina increased by 6.7 per cent YoY in August, according to preliminary figures published by the Argentine cement association, AFCP. The domestic market required the supply of 1,042,862t, up from 977,469t in August 2015. Argentine output was supplemented by 1.366Mt of imports, unlike the same period of the previous year when no imports entered the country. Exports fell by nearly 20 per cent from 4.152Mt in August 2015 to 3.33Mt one year later. For the first ei... |
US cement shipments for June reach 9.2Mt08 September 2016, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in June 2016 were about 9.2Mt, up by 2.7 per cent from sales in June 2015, reports the US Geological Survey. The leading cement-consuming states (Texas, California, Florida, Illinois, and Ohio, in descending order) received about 35.7 per cent of the June shipments. Sales for January through June totalled 43.8Mt, up by 7.4 per cent from the volume in the same period in 2015. The leading producing states... |
Pakistan’s cement production to grow by 10.12% in FY1608 September 2016, Published under Cement NewsPakistan’s cement industry produced 35.44Mt of cement during July 2015-June 2016 compared to 32.18Mt of cement in corresponding period in the previous rolling year. This translates double-digit growth of 10.12 per cent. According to Pakistan Bureau of Statistics, in June 2016 alone, the country produced 2.991Mt of cement, up by 3.67 per cent YoY. While commenting on the progress of cement industry in Pakistan, a third quarterly report of Central Bank of Pakistan – State Bank of Pakist... |
SDIC new projects in Indonesia08 September 2016, Published under Cement NewsState Development & Investment Corp (SDIC), China’s largest State-owned investment holding company by fund volume, has plans to expand its investment portfolio over the next five years, from cement factories to power plants, nickel ore mines and ports in Indonesia. The company recently began construction of the first phase of a new cement plant in West Papua last week, a 16-month project which represents a US$329m investment and aims to achieve a production capacity of 1.5Mta following co... |
Pakistan: cement sales climb to 4.9Mt07 September 2016, Published under Cement NewsFor the first two months of the current fiscal year (July-August 2016) Pakistan's total cement dispatches increased 14 per cent to 4.9Mt when compared to the 4.3Mt recorded in the same period last year. The increase is a result of growing domestic sales, which in August rose by 21 per cent YoY to 3.03Mt, up from 2.5Mt. In particular, cement sales in the north of the country performed extremely well as they rose 22.6 per cent to 2.49Mt. Sales of 0.53Mt (a 13.2 per cent rise YoY) were recor... |
Banco Santander: positive outlook for Mexican cement companies07 September 2016, Published under Cement NewsBanco Santander analysts have upgraded their forecast on share prices of two key Mexican cement producers. The bank expects the company’s share price to rise 8.5 per cent in the next 12 months to MXN17.10/share. For Elementia, the share price would advance by 24.5 per cent in 2017 to MXN28/share. The bank said the share price increases were supported by a rise in cement prices by the companies. Cemex is expected to raise its prices by 18 per cent while Elementia would see a 25 per cent adv... |